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Govt bans export of onions with immediate effect

The government banned the export of all varieties of onions with immediate effect, a move aimed at increasing availability and checking the price of the commodity in the domestic market.
“The export of all varieties of onions… is prohibited with immediate effect,” the Directorate General of Foreign Trade (DGFT) said in a notification.
The DGFT, an arm of the commerce ministry, deals with exports and imports-related issues.
The provisions under transitional arrangement shall not be applicable under this notification.
In the national capital, onion prices were ruling at around j40 per kilogram.
Source: BusinessLine

 

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